|Day Low/High||225.36 / 230.28|
|52 Wk Low/High||144.12 / 226.73|
There are stocks for people who believe we're roaring back, those who are hiding out from the virus, and those fearing gloom and doom. But here are the ones I'd give a workout.
The disinfecting-wipe maker continues to rally strongly toward higher price targets.
This list is not a buy list but a list of stocks that have been brought to new heights.
Disinfectant makers, home repair retailers and even camping equipment names might be your best bet until a vaccine comes.
I'm staying long this name, and I'm staying long PFE and JNJ, and I'm staying long GILD and ABT. You know why? Because I'm optimistic.
Trading volume in the disinfectant maker's shares has been very active since February, which coincides with rising coronavirus fears.
The market sold off on Thursday after close as big hitters, including Amazon, reported earnings.
I would recommend raising stop protection to lock in some gains.
How has my book evolved since the Fed and Treasury rode into town? Here's how.
DropBox and BioDelivery Sciences are names to consider during the market choppiness of the coming weeks.
Consider these stock model ideas: virus groups, work remotely, and fiscal.
It's a paradigm shift that all started with Zoom and Cisco's Webex.
If this group begins to outperform, then I'd use it as an indication of caution.
Here again is my approach and my three stock groups: 'rebound', 'revenue' and 'virus'.
I am pretty well covered in my 'virus group'. I could definitely see bringing a few shares of REGN on board the next time the algorithms include that name in a broad selloff. Not before.
In times like these, virtually all stocks are being sold indiscriminately. However, certain corners of the market are likely to fare much better.
The Fed must find a way to create a payroll tax holiday, despite grumbling, and backstops must be in place to support small to medium businesses and the gig economy.
Perhaps investors would be wise to invoke the Jim Cramer 'three day rule' where energy is concerned.
The question begs... 'Do significantly lower oil prices provoke increased demand?' Anywhere?
Consumer staples manufacturers stand to benefit from a slowdown, as represent a safe-haven sector -- plus they are also a coronavirus play.
I'll stick to the three-pronged approach... the Rebound group, the Virus group, and the Revenue group.
With how much the markets have declined over the past two weeks, I see far better plays out there than Clorox.
The human cost of the virus is real, so don't overlook that, but also know the companies who are in a position to benefit.